subject: 5 Different Methods Of Affiliate Marketing [print this page] Here we discuss five different methods that you can use when practicing at affiliate marketing
When it comes to affiliate marketing people mostly online know about PPS (Pay Per Sale), however, there are a lot of alternatives that you can look into when venturing into the online world of marketing and business. Do some research before finding a program that you're going to promote. Test different methods and see which one works out better. You need to be very careful about picking the methods you'll promote as they can mean the difference between making money or failing in your endeavor.
Pay Per Sale (PPS)
Pay Per Sale is when you send a visitor to a website and they make a sale. Normally digital products have a better commission percentage than actual products. You really need to decide on what your website is about. If you have a website about golf balls - sell golf balls. Make sure that you have the right type of product being sold on your site for right conversions.
Pay Per Performance (PPP)
Pay per performance is when the visitor of your website goes into the advertisers website and purchases something or completes a lead. Pay per performance also means that the more that you sell or convert, the higher payout rates you'll achieve. The fantastic thing about this is that if you are a very dedicated affiliate you can earn rates up to twenty percent higher than other affiliates.
Pay Per Lead (PPL)
Pay Per Lead programs is extremely similar to PPS, however, it's most often use by finance and insurance companies. Companies who use leads to grow their company also use PPL in the online industry. An affiliate is paid when a visitor from your website fills in a form to be contacted about their services. Usually the form is an application form or a questionnaire of some sort. Depending on the type of company you are promoting you can get paid between $2.50 and $100 per lead.
Pay Per Click (PPC)
Pay Per Click is one of the easiest ways for small website owners to make money. It's similar to Google Adsense but there are other networks who also promote this option. The affiliate can put these affiliate links through their website and whenever someone clicks on them they get a small fee. This is a great option for people just starting out as the visitor just needs to click on the link to make money. He does not need to buy anything or do anything besides visit the website.
Multi-Tier Programs
A multi-tier program is where you promote an affiliate network or program to other affiliates. You then earn a starting amount of money (depending on the affiliate networking) and residual income from their sales. The percentages are generally small but if you get enough successful affiliate marketers under your wing you could be earning a very lucrative amount of money. Always keep this option in case you're educating others on how to learn about affiliate marketing.
Remember to do research before picking an affiliate marketing program to promote. Look at the value your visitors will get from these programs and see if they are good products. You don't want to promote a product that your customer won't like.